2019ANNUALREPORT

2 ANNUAL REPORT 2019

2019 was another strong year for Elkhart County.

Business Facilities ranked the Elkhart-Goshen

Metropolitan Statistical Area (MSA) #1 in

Manufacturing for Mid-Sized MSAs. Elkhart

County was also ranked #4 in the country

by the Walton Foundation’s “Most Dynamic

Metropolitans” study. Our community witnessed

the grand opening of the Elkhart Health & Aquatics

Center and the completion of the River District Apartments.

Our local companies also made the national spotlight this year. For

example, Janus Motorcycle represented Indiana at the White House for

the third annual Made in America Product Showcase!

The Economic Development Corporation of Elkhart County (EDC) had

a terrific year as well. The EDC continued to work closely with local

companies to assist with their expansion needs. With around $130M in

new investment from these expansions, the industries around the county

continues to show strength and growth. According to the RVIA, the RV

Industry has a substantial impact on the economy in Indiana. It supports

more than 126,000 Hoosier jobs, nearly 650 businesses, $7.8 billion in

wages, and $3.1 billion in total taxes paid. The RV industry, along with

the other diverse industries in our area, continue to make our community

strong. The EDC also continued their partnership with Purdue MEP to

host training classes. They’ve assisted over 150 companies with training

needs and will continue to do so in 2020. A few unique classes offered

this year were Six Sigma Green Belt, Principles of Lean Office, Cellular

Flow, and Advanced Product Quality Planning.

As Chairman of the Board for the Economic Development Corporation of

Elkhart County, I’m proud of what was accomplished in 2019 and I look

forward to another strong year in 2020

Thank you for your support!

John PlaceJohn PlacePresident, Ancon Construction

OUR MISSIONCreate an economically vibrant community by:

• Recruiting, retaining and strengthening our economic base

• Being a catalyst for diversification, innovation and economic change

OUR VISIONThe EDC will leverage our entrepreneurial spirit, expertise and regional resources to develop a more prosperous community through a diversified, resilient and knowledge-basedeconomy.

CHAIRMAN’S MESSAGE

Elkhart/Elkhart/GoshenGoshen ranked Manufacturing for mid-sized MSAs.

*Business Facilities Magazine, July 24, 2019

32019 ANNUAL REPORT

1st Source Bank1st Source FoundationAgdia IncorporatedAnabaptist Mennonite Biblical SeminaryAncon ConstructionASC IndustriesATCBarletta Boat CompanyBeer & Slabaugh Inc.Bennington Marine Berkshire HathawayBoyd CorporationBuilders Association of Elkhart CountyBusiness Development CorporationCadet Construction, LLCCentier BankChallenger Door Champagne MetalsCity of ElkhartCity of GoshenCity of NappaneeCommunityWide Federal Credit UnionCrowe, LLP Culver Duck Farms, LLCD & W IncorporatedDays CorporationDave Carter & AssociatesDec-O-ArtDJ ConstructionDometicDuMor Water

Dwyer InstrumentsEdward Jones/Ross M. HouglandElkhart Chamber of CommerceElkhart Clinic LLCElkhart County Board of Realtors, Inc.Elkhart County GovernmentElkhart General Healthcare System Elkhart Plastics, IncET&T EnterprisesSpherionFirst State BankFinal Phase Electric FM Stone CommercialForest River, Inc.Forum ArchitectsGDC, Inc.Gibson Insurance Group Genesis ProductsGlobal Link Distribution CorpGoshen Chamber of CommerceGoshen Stamping Company, Inc.Grand Design RV Great Lakes Forest Products, Inc.Greencroft Communities Green Stream CompanyHampton InnHansen & AssociatesHoke, DeniseHoogenboom-Nofziger Real EstateHospice FoundationIndiana Michigan Power (AEP)

Indiana PlasticsINOVA Federal Credit UnionInsight Accounting GroupInterra Credit UnionInterCambio ExpressInvestment Planning Associates, Inc.Ivy Tech Community CollegeJA Wagner Construction, Inc.Jayco, Inc.Jenkins Automotive, Inc.Jones Petrie Rafinski (JPR) Kem Krest LLCKIB ElectronicsKiel NA, LLCKountry Wood Products | Kountry Cabinets Kruggel Lawton CPAKuert Concrete, Inc.L&W Engineering, Inc.Lake City BankLaVanture ProductsLionshead Specialty Tire & Wheel, LLC.Majority Builders, Inc.Marbach, Brady & Weaver, Inc.Martin Brothers Contracting, Inc.Martin’s SupermarketMapletronicsMaverick Packaging, Inc.Menno Travel ServiceMid-City Supply Company, Inc.Middlebury Chamber of CommerceMid-States Construction, Inc.Miller Monuments, Inc.Mutual BankNappanee Area Chamber of Commerce

25%

20%

27%

25%

3%Business Retention

& Expansion

Attraction of Diverse Industry

Entrepreneurial Support

WorkforceDevelopment

AdministrativeExpenses

Your Dollars at Work

Niblock Excavating and AsphaltNIPSCO (Northern Indiana Public Service Co.)Northland CorporationNuway ConstructionPhysicians Health Plan of Northern IndianaPNC Bank ProAir LLCPWIRC IndustriesReith-Riley Construction Company, Inc.Reschcor Robert Weed Plywood CorporationRSM McGladrey, Inc.Salem Insurance AgencySatellite IndustriesSchrock CommercialSerim Research GroupUtilimasterSt. Joseph County Airport AuthoritySteel DynamicsSVO Group, Inc.Teacher’s Credit UnionTennecoThe Commodore CorporationThor IndustriesTown of BristolTown of SyracuseTown of WakarusaVista Manufacturing, Inc.Wakarusa Chamber of CommerceWalmartWelter FoundationWNDU TV

In 2019,In 2019, our funds were used for programs that spurred diverse job creation and investment in Elkhart County and improved the perception of Elkhart County as an attractive destination to work, live and play.

OUR 2019 INVESTORS

4 ANNUAL REPORT 2019

Elkhart County Workforce Attraction and Development Programs

• Internships• Apprenticeships• Incumbent Worker Skills Enhancement • Educational Attainment Opportunities• Elkhartcountyworks.org• Program Grants

Elkhart County • Demographics• Utilities and Infrastructure• Process for Local Application of Incentives• Elkhart County Wage & Benefits Survey

EDC’S RESOURCES

2019 Lead Breakdown

State of Indiana • 2019 Cost of Doing Business• 2019 Cost of Doing Business Midwest Comparison• State Facts and Incentives• Next Level Jobs• Next Level Vets• Indiana Procurement Technical Assistance Center

Federal Programs• Trade Adjustment Assistance for Firms• Hire Vets Medallion Award Program

We are a not-for-profit economic organization serving the community with the cities, towns, chambers of commerce, investor partners, and businesses of Elkhart County, Indiana.

We are known as the “Concierge to Elkhart County Industry.” Our primary objectives are the retention and expansion of local businesses, attraction of new businesses to Elkhart County, and local entrepreneurial development. Below is a listing of resources in our toolkit to assist the community in Economic Development:

50$127,318,700

38

12 1,216

Total Number of Projects for 2019

Total Number of “Open Projects” for 2019

Total Capital Investment for 2019

Total Number of Project“Wins” for 2019

Total Number of New Jobs for 2019

Elkhart/GoshenElkhart/Goshen ranked in the nation for Most Dynamic Metropolitans

*Walton Foundation’s Most Dynamic Metropolitans study

June 14, 2019

th

Attraction Leads

BR&ELeads

Projects Won

2019 Leads

24%

40%

36%

52019 ANNUAL REPORT

Alliance RV: RV Startup Company

• 175 Jobs• $14 M Investment• Elkhart• State & Local Incentives

Ameri-Kart: New building for existing company.

• Manufacturer of plastic products through rotational molding and thermoforming process• 210 Jobs• $10.1 M Investment• Bristol• State & Local Incentives

Brinco: Manufacturing company startup in Elkhart County.

• 450 Jobs• $52.6M Investment• Bristol• State & Local Incentive

Champion Chair: New building for existing company.

• Seating for the medical industry• 10 Jobs• $5.2 M Investment• Elkhart• State & Local Incentives

CTS R&D: Redesign the former CTS corporate headquarters as a global research, Development and Engineering support center.

• A leading designer and manufacturer of sensors, actuators and electronic components to OEM’s in the aerospace, communications, defense, industrial, Information technology, medical and transportation markets.• 8 Jobs• $9.9 M Investment• Elkhart• State & Local Incentives

Flexible Concepts: Addition of automated manufacturing equipment for existing facility.

• A precision machine shop for Auto/ Defense industries supplying bearing components for truck and off-road vehicles.• 5 Jobs• $4 M Investment• Elkhart• State & Local Incentives

Great Lakes Lamination: A Laminated Wood Startup Company — A subsidiary of existing Company, Great Lakes Forest Products

• New company to manufacture laminated wood panels and provide those mainly to the RV Industry. • 100 Jobs• $7.3 M Investment• Bristol• State and Local Incentives

COMPANY PROFILES & UPDATES

Jomar Machining & Fabricating: New construction for a facility expansion

• Specializes in large machining and fabrication projects serving industries such as industrial shredding, steel beam layout and fabrication, wood burning boilers, agricultural equipment, and many others.• 16 Jobs• $7.4 M Investment• Elkhart County• State & Local Incentives

RC Industries: Expansion of existing facility.

• Precision metal fabricator of truck mounted toolboxes, storage systems, bumpers and other highly engineered metal fabricated parts. • 6 Jobs• $1.7 M Investment• Elkhart• State & Local Incentives

Stair Supplies: Expansion of existing company.

• Manufacturer and vendor for treads, stair railings, handrails, wood & Iron baluster, newels, and all other stair supplies• 200 Jobs• $12.5M Investment• Goshen• State Incentives

Industries,inc.

Proudly Made in the USA

6 ANNUAL REPORT 2019

2019 TRAINING CLASSES

The EDC currently offers 70 different courses in the following categories:

• Information Security

• Leadership Development

• Project Management

• Lean Manufacturing and Lean Office

• Quality

• Six Sigma

• Workforce Development

The EDC of Elkhart County partners with The Purdue Manufacturing Extension Partnership as well as other partners to provide high-value, affordable solutions to help businesses increase profitability. As advocates for Indiana’s thousands of manufacturers, our staff leverages resources in both the public and private sectors to help identify areas of improvement, streamline processes, and ultimately increase competitiveness.

Training Classes to date (2017-2019)

85 1,212 182Total

WORKFORCE TRAINING

classes

Total EMPLOYEES

trained

LOCAL & REGIONAL

COMPANIES represented

Training Class stats – 2019

48 712 127Total

WORKFORCE TRAINING

classes

Total EMPLOYEES

trained

LOCAL & REGIONAL

COMPANIES represented

What attendees are saying...

“I learned more than I expected for

a basic course.”PRINT READING FOR MANUFACTURING

“Besides Project Management funda-

mentals, I enjoyed applying what we

learned to “real-life” situations.”

PROJECT MANAGEMENT

“Gained a much clearer understanding of

Value Stream Mapping and how it ties into

Lean Manufacturing.”VALUE STREAM MAPPING

72019 ANNUAL REPORT

EXECUTIVE COMMITTEE

Don Babcock NIPSCO

Jeff Beachy Bristol Town Council

David Birky Interra Credit Union

William Burton 1st Source Bank

Brian Dickerson Final Phase Electric

Scott Ford University of Notre Dame

Rick Gentle Crowe Horwath, LLP

Brad Hartman RSM Consulting

Phil Jenkins City of Nappanee

Levon Johnson Greater Elkhart Chamber of Commerce

Ken Julian Thor Industries, Inc.

Nick Kieffer Goshen Chamber of Commerce

Jeff Kitson Nappanee Chamber of Commerce

John Letherman Elkhart County Council

Tim Neese Mayor — City of Elkhart

John Place Ancon Construction

Carl Risk Beacon Medical Group

Lori Stanger Kem Krest

Mike Stump Forest River

Jeremy Stutsman Mayor — City of Goshen

Jeff Troxel Town of Wakarusa

Jack Welter Elkhart Plastics

Jim Winkler Millersburg Town Council

Mike Yoder Elkhart County Commissioner

BOARD OF DIRECTORS

EDC TEAM

Chris Stager President & CEO

Jacqueline Letherman

Operations Manager

Sherm Hansen Advancement

Director

Chris Hooley Director of BR&E

Cara Anderson Workforce Development

Coordinator

John Place Chairman

Bill Burton Vice Chair

Ken Julian Past Chair

Mike Yoder Nominating Committee

Rick Gentle Treasurer

Jeremy StutsmanMayoral Representative

Lori StangerSecretary

300 NIBCO Parkway, Suite 201, Elkhart, IN 46516Toll Free: 877.535.1002 || 574.293.5627edc@elkhartcountybiz.com

www.elkhartcountybiz.com

a Thriving Elkhart County

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